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National market update

Pending Home Sales Surge Continuing

Washington, June 02, 2010 Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®. More...Read more

Existing-Home Sales Continue to Improve in April

WASHINGTON (May 24, 2010) – Existing-home sales rose again in April with buyers motivated by the tax credit, improving consumer confidence and favorable affordability conditions, according to the National Association of Realtors®. More...
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National housing indicators

Existing home sales ()

5.77 million units*

Existing home median price ()

$173,100

Housing Starts ()

672,000 units*

New home sales ()

National economic indicators

Home ownership

1st Qtr 10

67.1%

1st Qtr 09

67.3%

The homeownership rate in the first quarter 2010 (67.1 percent) was not statistically different from the first quarter 2009 rate (67.3 percent). In the West, the homeownership rate was lower than a year ago, while no other region showed any significant change from corresponding first quarter 2009 rates.

New home sales

Apr 10

+14.8%

Mar 10

+29.9%

Sales of new one-family houses in April 2010 were at a seasonally adjusted annual rate of 504,000. This is 14.8% above the revised March 2010 estimate of 439,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

What Is Happening In Your Neighborhood?

Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. Read more

Southland home buying got off to a very slow start this year. Last month’s sales came in at the second-lowest level in nearly two decades because; The inventory remains thin in many markets. Investor purchases have fallen. The jump in home prices & mortgage rates priced people out of the market, while other buyers struggle with credit hurdles.
Read more

Did You Know That The Average Home In Ventura County Increased In Value By OVER 20% Last Year?
Find Out How Yours Did Below: VCNeighborhoodValues.com
Your home is probably the biggest asset that you own. That is why you need to choose a partner, who is working for YOU to get the job done correctly. One who is concerned about Quality, not Quantity. Read more

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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